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Bisnow
Southern California-based retail investor Paragon Commercial Group is preparing an expansion beyond its historical focus on value-add properties to capitalize on the shifting dynamics in the retail landscape.
Paragon hired Jeffrey Berkes in January to serve as its chief investment officer, spearheading the company's growth into core and core-plus retail assets. The pivot is fueled by new opportunities with capital partners seeking to invest in these segments of the risk spectrum, Berkes said.
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